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S TATISTICS. E LEMENTARY. Chapter 4 Probability Distributions. M ARIO F . T RIOLA. E IGHTH. E DITION. Chapter 4 Probability Distributions. 4-1 Overview 4-2 Random Variables 4-3 Binomial Probability Distributions
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STATISTICS ELEMENTARY Chapter 4 Probability Distributions MARIO F. TRIOLA EIGHTH EDITION
Chapter 4Probability Distributions 4-1 Overview 4-2 Random Variables 4-3 Binomial Probability Distributions 4-4 Mean, Variance, Standard Deviation for the Binomial Distribution 4-5 The Poisson Distribution
4-1 Overview This chapter will deal with the construction of probability distributions by combining the methods of Chapter 2 with the those of Chapter 3. Probability Distributions will describe what will probably happen instead of what actually did happen.
Combining Descriptive Statistics Methods and Probabilities to Form a Theoretical Model of Behavior Figure 4-1
4-2 Random Variables
Definitions • Random Variable a variable (typically represented by x) that has a single numerical value, determined by chance, for each outcome of a procedure • Probability Distribution a graph, table, or formula that gives the probability for each value of the random variable
Table 4-1 Probability DistributionNumber of Girls Among Fourteen Newborn Babies x P(x) 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 0.000 0.001 0.006 0.022 0.061 0.122 0.183 0.209 0.183 0.122 0.061 0.022 0.006 0.001 0.000
Definitions • Discrete random variable has either a finite number of values or countable number of values, where ‘countable’ refers to the fact that there might be infinitely many values, but they result from a counting process. • Continuous random variable has infinitely many values, and those values can be associated with measurements on a continuous scale with no gaps or interruptions.
Probability Histogram Figure 4-3
Requirements for Probability Distribution P(x) = 1 where x assumes all possible values
Requirements for Probability Distribution P(x) = 1 where x assumes all possible values 0 P(x) 1 for every value of x
Mean, Variance and Standard Deviation of a Probability Distribution Formula 4-1 µ = [x•P(x)] Formula 4-2 2= [(x - µ)2 • P(x)] Formula 4-3 2=[x2 • P(x)] - µ2(shortcut)
Mean, Variance and Standard Deviation of a Probability Distribution Formula 4-1 µ = [x•P(x)] Formula 4-2 2= [(x - µ)2 • P(x)] Formula 4-3 2=[x2 • P(x)] - µ2(shortcut) Formula 4-4 =[x 2 • P(x)] - µ2
Mean, Variance and Standard Deviation of a Probability Distribution Formula 4-1 µ = [x•P(x)] Formula 4-2 2= [(x - µ)2 • P(x)] Formula 4-3 2=[x2 • P(x)] - µ2(shortcut) Formula 4-4 =[x 2 • P(x)] - µ2
Roundoff Rule for µ, 2, and Round results by carrying one more decimal place than the number of decimal places used for the random variable x. If the values of xare integers, round µ, 2, and to one decimal place.
Definition Expected Value The average value of outcomes E = [x • P(x)]
E = [x • P(x)] Event Win Lose
E = [x • P(x)] Event Win Lose x $499 - $1
E = [x • P(x)] Event Win Lose x $499 - $1 P(x) 0.001 0.999
E = [x • P(x)] Event Win Lose x $499 - $1 P(x) 0.001 0.999 x • P(x) 0.499 - 0.999
E = [x • P(x)] Event Win Lose x $499 - $1 P(x) 0.001 0.999 x • P(x) 0.499 - 0.999 E = -$.50